One can eke out more than what a simple ETF will give you. It’s just diminishing returns for the time invested.
Replacing cash with a stocks ETF and holding for decades is already quite hard (e.g. coping with volatility, not falling down a get rich quick rabbit hole instead). But there is a near certain outperformance after just a few decades that is likely also sizable.
You can do better than that (e.g. leverage, alts) but outperformance over a simple stocks ETF is not certain, is harder (e.g. blowup risk, difficulty evaluating performance), takes more time (e.g. management, gathering knowledge), and is of smaller size.
Most people would be served well by just investing that time into their careers instead. But many only end up spending a lot of time in such spaces because they like discussing such topics. That doesn’t mean it is the most efficient use of their time. It’s more like a hobby.
Also, just because something is discussed by someone, doesn’t mean it does actually have those better metrics.
What a roller coaster this year! After reaching +13%, my portfolio crashed down to +4% and currently sitting at +8%. I’m thankful I’m still in the green this year considering all that has happened. Now waiting for US markets to open…
Urgh. Things were looking good, I was up 1.5% sometime today and I got home late from work to cash in and everything has fallen back to around +0% again.
He’s already told us what he’s gonna do: he’s going to send ground troops in Iran. What else would “I’m willing to end the war even if the Strait of Hormuz stays close” possibly mean?
Your bet against mine. You don’t move troops in an area just for a show of force right before signaling weakness and a willingness to retreat. Trump has shown a willingness to use “Truths” to deceive, feign parlay and then attack before the deadline for the end of the parlays before. Iran knows something about it.
Have no other numbers on recent sentiments changes besides your graph but I think we’ve been hearing for years that sentiment is bad while the market is generally richly valued.
There is a comment from US that they will leave Iran in 2-3 weeks whether there is a deal or not. So basically saying we did what we had to do, now others deal with the mess on their own but we are going to back home
Maybe stock market likes this.
BBC Reported. A few hours ago, we heard from Donald Trump at the White House.
Here is a round up of what he said:
Trump told reporters the US “will be leaving [Iran] very soon” and US military action could end as soon as “two or three weeks”
He says the US has achieved the goals set before airstrikes against Iran began late last month in conjunction with Israel. He says the primary goal of curtailing Iran’s ability to obtain a nuclear weapon has been reached and the US was now "finishing the job
Trump says the US now dominates Iranian skies and has also achieved regime change following the killings of many senior political and military leaders. He described the new leaders in Tehran as “much less radicalised” and “more rational” compared to their predecessors
He said once the US was sure Iran would not be able to “come up with a nuclear weapon” then “we’ll leave whether we have a deal or not. It’s irrelevant now, it’s possible that we’ll have a deal because they want to make a deal”.
He went on to say Iranian leaders are “begging to make a deal” with the US to end the war, which has previously been denied by Iran
He adds that the war could end without a deal brokered between both sides
On the war’s impact on rising fuel prices, the president says they will come down as soon as the US ends its military actions
This has become like the little boy crying wolf, eventually the wolf really does come. Or, “there’s nothing new under the sun”. Here quoted both Aesop and King Solomon
“We broke it but we don’t own it” - leaving Iran with more leverage than it had prior to his involvement? What a splendid TACO move.
He will speak to the nation at 9pm ET tonight. Is that it, or will the TACO be unTACOed? Then again, presidential support has hit new lows recently. Maybe Cuba is an easier target.
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